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archon minerals ltd (ACS) Details

Archon Minerals Limited explores for diamonds in Canada. The company has interests in the Buffer Zone, WO Block, and Monument diamond projects located in the Mackenzie Mining Division, Northwest Territories. Archon Minerals Limited was founded in 1985 and is based in Vancouver, Canada.

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Archon Minerals Ltd. Appoints Patrick Evans to Board of Directors

Jun 30 15

Archon Minerals Limited announced that Patrick Evans has been appointed to its Board of Directors. Mr. Evans is currently President and CEO of Mountain Province Diamonds Inc. and was previously a director and/or officer of several mining companies, including Placer Dome Inc., SouthernEra Resources Ltd., Messina Ltd., Southern Platinum Corp., Weda Bay Minerals Inc. and Norsemont Mining Inc.

Archon Minerals Limited announced the results of a pre-feasibility study (the PFS) on its Jay kimberlite pipe deposit located within the Buffer Zone joint venture property in the Northwest Territories. The Jay pipe is located beneath Lac du Sauvage, approximately 1.2 km from the shoreline and approximately 7 km to the northeast of the Misery Pit and related infrastructure, and 30km to the southeast of the main Ekati mine infrastructure. The PFS evaluated the development of the Jay deposit as a stand-alone open pit operation, which would supply ore to the existing process plant at its full capacity of approximately 4.3 million dry metric tonnes per annum for approximately 11 years beyond the current projected closure of the Ekati Diamond Mine in calendar year 2020. This will require construction of a water retention dike encircling the pipe, allowing the isolated area to be dewatered ahead of the start of pre-stripping and mining operations.

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